BREAD STORY
ActiveSummary
The computed 12-month bankruptcy probability of BREAD STORY is 2.1% (moderate). The 2024 annual accounts show equity of €16,781 and a net result of -€4,651. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 26038 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Retail sale of bread and pastry (bakery outlets)
NACE 47241
1 site
How big
€49,556turnover 2024
- Equity
- €16,781
- Loss
- -€4,651
Who decides
Accounts 62 d overdue1 of 2 deeds read
Why 60- Higher-failure-rate region- Higher-failure-rate sector- Annual accounts: weaker financial profileFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-38
Solvency100=
Growth43▼-12
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 55.26 against 61.18 in 2023; short-term debt: 1.8% and cash: 29.8% of total assets), and 1.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98.2%
Return on assets
-27.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-08-2025, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
24 d late
2023
58 d late
2022
19 d early
2021
36 d late
2020
59 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Resignations: BOURAS Abdallah (manager) and TOUIL…Appointments: BOURAS Abdallah (non-statutory director)…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€4,651
Financials
Fiscal year 2024Turnover €49,556Loss -€4,651Solvency 98.2%Liquidity 55.26
Turnover
€49,556▼ 22.9%
2021 - 2024
Net result
-€4,651
2018 - 2024
Equity
€16,781▼ 21.7%
2018 - 2024
Solvency
98.2%▼ 0.2pp
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€37,717€69,283▲ 83.7%€64,297▼ 7.2%€49,556▼ 22.9%
Operating result-€3,656-€1,432▲ 60.8%€822€79▼ 90.4%-€4,651
Net result-€3,816below the sector's middle half-€1,544within the sector's middle half▲ 59.5%€672within the sector's middle half€41within the sector's middle half▼ 93.9%-€4,651below the sector's middle half
EBIT margin-3.8%1.2%▲ 5.0pp0.1%▼ 1.1pp-9.4%▼ 9.5pp
Equity€22,264within the sector's middle half▼ 14.1%€20,720within the sector's middle half▼ 6.9%€21,392within the sector's middle half▲ 3.2%€21,433within the sector's middle half▲ 0.2%€16,781within the sector's middle half▼ 21.7%
Total assets€22,264below the sector's middle half▼ 14.6%€20,720below the sector's middle half▼ 6.9%€21,392below the sector's middle half▲ 3.2%€21,789below the sector's middle half▲ 1.9%€17,091below the sector's middle half▼ 21.6%
Debt€356€309▼ 13.2%
Working capital€21,433within the sector's middle half€16,781within the sector's middle half▼ 21.7%
Solvency100.0%above the sector's middle half▲ 0.6pp100.0%above the sector's middle half=100.0%above the sector's middle half=98.4%above the sector's middle half▼ 1.6pp98.2%above the sector's middle half▼ 0.2pp
Current ratio61.18above the sector's middle half55.26above the sector's middle half▼ 5.92
Return on assets (ROA)-17.1%below the sector's middle half▼ 25.2pp-7.5%below the sector's middle half▲ 9.7pp3.1%within the sector's middle half▲ 10.6pp0.2%within the sector's middle half▼ 3.0pp-27.2%below the sector's middle half▼ 27.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,651 after €79 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €17,091
Equity
€16,781 ▼ 21.7%
Debt
€309 ▼ 13.2%
Debt's share of the balance-sheet total rises from 1.6% to 1.8%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
Quick ratio
16.46▼
2023 · 47.70
Debt to equity
0.02▲
2023 · 0.02
ROE
-27.7%▼
2023 · 0.2%
Debt ≤ 1 year
€309▼
2023 · €356
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,805 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €37,717 | €69,283 | €64,297 | €49,556 | ▼ 22.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €39,149 | €68,261 | €64,218 | €54,017 | ▼ 15.9% |
| Other operating charges640/8 | - | - | €200 | - | €200 | - |
| Gross operating margin9900 | -€3,656 | -€1,432 | €1,022 | €79 | -€4,451 | ▼ 5,731% |
| Operating profit (loss)9901 | -€3,656 | -€1,432 | €822 | €79 | -€4,651 | ▼ 5,985% |
| Financial charges65/66B | - | €112 | €151 | €38 | - | - |
| Recurring financial charges65 | €159 | €112 | €151 | €38 | - | - |
| Profit (loss) for the period before taxes9903 | -€3,816 | -€1,544 | €672 | €41 | -€4,651 | ▼ 11,511% |
| Profit (loss) for the period9904 | -€3,816 | -€1,544 | €672 | €41 | -€4,651 | ▼ 11,511% |
| Profit (loss) for the period to be appropriated9905 | -€3,816 | -€1,544 | €672 | €41 | -€4,651 | ▼ 11,511% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,264 | €20,720 | €21,392 | €21,789 | €17,091 | ▼ 21.6% |
| Current assets29/58 | €22,264 | €20,720 | €21,392 | €21,789 | €17,091 | ▼ 21.6% |
| Stocks and contracts in progress3 | €3,000 | €5,500 | €5,500 | €4,800 | €12,000 | ▲ 150% |
| Stocks30/36 | - | €5,500 | €5,500 | €4,800 | €12,000 | ▲ 150% |
| Amounts receivable within one year40/41 | €416 | €1,231 | €11,782 | - | - | - |
| Other amounts receivable41 | - | €1,231 | €11,782 | - | - | - |
| Cash at bank and in hand54/58 | €18,848 | €13,989 | €4,110 | €16,989 | €5,091 | ▼ 70.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,264 | €20,720 | €21,392 | €21,789 | €17,091 | ▼ 21.6% |
| Equity10/15 | €22,264 | €20,720 | €21,392 | €21,433 | €16,781 | ▼ 21.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €456 | €456 | €456 | €456 | €456 | = |
| Non-distributable reserves130/1 | - | €456 | €456 | €456 | €456 | = |
| Reserves not available under the articles1311 | - | €456 | €456 | €456 | €456 | = |
| Profit (loss) carried forward14 | €3,208 | €1,664 | €2,336 | €2,376 | -€2,275 | ▼ 196% |
| Amounts payable17/49 | - | - | - | €356 | €309 | ▼ 13.2% |
| Amounts payable within one year42/48 | - | - | - | €356 | €309 | ▼ 13.2% |
| Taxes, remuneration and social security45 | - | - | - | €356 | €309 | ▼ 13.2% |
| Taxes450/3 | - | - | - | €356 | €309 | ▼ 13.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,816 | -€1,544 | €672 | €41 | -€4,651 | ▼ 11,511% |
| Operating cash flow (approximation) | -€3,816 | -€1,544 | €672 | €41 | -€4,651 | ▼ 11,511% |
| Change in cash | - | -€4,859 | -€9,879 | €12,879 | -€11,898 | ▼ 192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
DELI HALLE
BE 0464.170.437
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COOKIELE
BE 0768.704.907
Antwerpen · Eq €16,668
DELI DE MAST
BE 0827.460.478
Oostende · Eq €16,928
ALPHA NATIONAAL - ALPHA MEIR
BE 0651.744.483
Antwerpen · Eq €16,636
LE STADE ZLA
BE 0726.484.666
Asse · Eq €16,615
Of 2,404 companies in this sector we hold annual accounts for 1,102. 805 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Directors
Directors
no sitting director read yet, last change in 2026
No directors read yet: 1 of 2 Gazette acts processed. See the function holders in the CBE →
Mandate history
2 people since 2026, 0 in office
- Board
| Name | Functions and periods |
|---|---|
| BOURAS Abdallah |
|
| TOUIL Zouhair |
|
Structure & network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
Capital and shareholders
Capital over the years
- 04-09-2026 Converted to unavailable equity · €19,056
Timeline
13 eventsLatest 04-09-2026
History
Acts, filings and financial milestones
2026
04-09
State Gazette act
Resignations: BOURAS Abdallah (manager) and TOUIL Zouhair (manager)Appointments: BOURAS Abdallah (non-statutory director) and TOUIL Zouhair (non-statutory director) · Statutes amendment · Capital conversion16 facts ▸
State Gazette act
Resignations: BOURAS Abdallah (manager) and TOUIL Zouhair (manager)
Appointments: BOURAS Abdallah (non-statutory director) and TOUIL Zouhair (non-statutory director) · Statutes amendment · Capital conversion16 facts ▸
- General meeting, 26-08-2026
- Statutes amendment
- Capital conversion, compte de capitaux propres statutairement indisponible
- Reserve release, suppression du compte de capitaux propres statutairement indisponible, rendre les fonds disponibles pour distribution
- Statutes amendment
- Other statement, ordre du jour
- Capital
- Power of attorney, BREAD STORY
- Director resignation, BOURAS Abdallah (manager)
- Director appointment, BOURAS Abdallah (non-statutory director)
- Director resignation, TOUIL Zouhair (manager)
- Director appointment, TOUIL Zouhair (non-statutory director)
- +4 further facts in this act
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-12
Financial
Weakest financial yearnet -€4,651
Net result drops to -€4,651, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €672
Net result €672 after 2 loss-making years.
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Highest result since 2018net €2,102 ▲417%
Net result €2,102, the highest in the series.
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 114 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteEtterbeekunit no. 2.249.013.492
Company details
Private limited company · founded 26-06-2015Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded26-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0632803353
Also
9925:BE0632803353
Registered
25-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- Dépôt et atelier de fabrication de tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires; Le nettoyage et l’entretien d’immeubles, le…
26 activities
- Dépôt et atelier de fabrication de tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires
- Le nettoyage et l’entretien d’immeubles, le nettoyage de vitres et de bureaux, de petits travaux de bureau, services intérimaires, sous-traitance
- La mise à disposition des ménages et entreprises du personnels pour les travaux relatif au nettoyage du domicile, la lessive et le repassage, les petits travaux occasionnels de couture, la préparation de repas, les courses ménagères, jardinage et autres travaux tel que le transport accompagné de personnes à mobilité réduite et toutes autres activités dans le cadre des titres services au domicile et hors domicile de l’utilisateur des titres services
- L'étude et la réalisation de tous travaux de construction, publics et privés, en qualité d'entrepreneur général ou en sous-traitance, la conception et la construction de tous bâtiments et édifices, l'étude et la réalisation de décorations tant intérieures qu'extérieures
- L'entretien, la rénovation, les travaux de réparations, d'embellissements, de renouvellement et de modernisation, et la maintenance de tous les types d'ouvrages d'art, de biens immeubles, et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
- La restauration en général et le secteur Horeca, l’organisation de banquets et réceptions, le service traiteur, y compris l’organisation, la gestion et l’exploitation de restaurants, sandwicheries, snackbars, bars, cafétérias, débits de boissons, ainsi que toutes opérations de tourisme, d’hôtellerie, de divertissements et de loisirs en ce compris l’achat, la vente en gros et au détail, l’import-export de tous produits se rapportant directement ou indirectement à ces activités
- Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales
- Transport national et international par route de personnes et de marchandises
- Matériaux de construction, matériel électrique et électronique, sanitaire et de plomberie
- Tous produits alimentaires tels que fruits, légumes, conserves, produits laitiers, produits de la mer, poissons, boucherie, articles de ménage et articles cadeaux
- Tous textiles en général, vêtements divers, chaussures, cordonnerie, serrurerie, maroquinerie dans le sens le plus large
- Tous produits de l’artisanat en général, tapisseries y compris les articles du monde
- Tous les articles de parfumerie, de toilette, cosmétiques, produits de beauté, maquillage ainsi que savons et détergents
- Tous les articles d’horticulture tels que fleurs, plantes, articles de jardinage, aménagement et entretien de jardins et de pépinières
- Tous livres, antiquités, brocantes, objets de décoration, machines industrielles
- Tous bijoux, orfèvrerie
- Tous appareils électroménagers, tous films de bandes magnétiques, DVD, cassettes, tous articles imprimés ou enregistrés permettant leur lecture vision ou audition, livres
- Tous matériaux de bureau et de l’informatique, téléphones, gsm, fax
- Tous véhicules neufs et d’occasion, ainsi que leurs pièces détachées
- Atelier de confection et de vente de vêtements traditionnels et artisanaux
- Atelier de fabrication de tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires
- Librairie
- La messagerie, les services de fax, de cabines téléphoniques et de photocopies, night-shop, de laboratoire de développements photos, d’atelier de tournage, d’affûtage et de rectification de pièces mécaniques
- D’un salon de coiffure et produits de salon
- Commerce ambulant
- Car-wash, d’une société de taxis, station-service (tous carburants tels que mazout, diesel, gaz,…), garage avec atelier de réparation, entretien et dépannage
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- BREAD STORY
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- Région de Bruxelles-Capitale, par simple décision de l’organe d’administration
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou nonArticle 11. Pouvoir d’administrationCette rémunération sera portée aux frais généraux, indépendamment des frais éventuels de représentation, voyages et déplacements…
Capital, shares and profit
- Share classWhich classes of shares exist and what rights each class carries.
- Les titulaires d’actions peuvent prendre connaissance de ce registre relatif à leurs titres, nominatives
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- Tous les frais de procédure et d’expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…
- Share issue ruleHow and by whom new shares can be issued.
- En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la société et aux époques…Courrier électronique, ou, pour les personnes dont elle ne dispose pas d’une adresse électronique, par courrier ordinaire, à envoyer le même…
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- Dissolution, par l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- Liquidateurs, l'assemblée générale peut désigner un ou plusieurs liquidateurs et déterminer leurs pouvoirs et émoluments
Other provisionsOther rules from the articles that fall under none of the themes above.
Sites & property
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2015
Ground area
125 m²
Building footprint
103 m²
Volume, LiDAR
1,409 m³
Parcel 21364B0172/00L003, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BREAD STORY
since 2015unit no. 2.249.013.492
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0172/00L003 | Brussels | 125 m² | 1 · 103 m² | 17.5 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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